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Take a step back and look at the bigger picture, Jim Cramer advised his Mad Money viewers Wednesday. When you do, you'll find there are a number of reasons why the stock market ended the day higher.

The first reason stocks are stronger is that the situation in Houston appears to be under control by local, state and federal authorities. Cramer said he expects the rebuilding efforts to kick in soon for companies like Weyerhaeuser (WY) - Get Weyerhaeuser Company Report , Owens-Corning (OC) - Get Owens Corning Inc New Report  and U.S. Concrete (USCR) - Get U S Concrete Inc. Report .

Second, our economy is humming along with 3% GDP growth with almost no inflation. Add to that President Trump being on message for the past few days, and it gives investors hope for his economic agenda.

Next, Cramer said that activist investors have been quiet, which is good news for a thinly-traded late-summer stock market.

There have been deals however, like Gilead Sciences (GILD) - Get Gilead Sciences Inc. Report making a bid for Kite Pharmaceuticals (KITE) and United Technologies (UTX) - Get n.a. Report attempting to get Rockwell Collins (COL) .

The weak dollar is a another big win for stocks, with companies like PVH (PVH) - Get PVH Corp. Report  powering higher.

Finally, there's Apple (AAPL) - Get Apple Inc. Report , the Action Alerts PLUS holding that will soon introduce a new iPhone that's sure to juice up the tech sector.

All of these reasons add up to a rally, Cramer concluded, which is exactly what we saw today.

M&A Madness Season

Is there a post-Labor Day boom coming in mergers and acquisitions?

It looks like CEOs have given up waiting for tax reforms from Washington, which may usher in a new wave of deals.

Cramer said the stock of Gilead Sciences hasn't done anything in years, but after announcing a bid for Kite Pharmaceuticals, the stock has reignited. The same would happen to United Technologies if that company makes a bid for Rockwell Collins, another high-flying aerospace and defense name.

But these deals go well beyond just these companies. Shares of Celgene (CELG) - Get Celgene Corporation Report were buoyed on the notion that it might follow in Gilead's footsteps and do a deal of its own.

Past deals, like Tech Data (TECD) - Get Tech Data Corporation Report buying up assets from Avnet (AVT) - Get Avnet Inc. Report have done well, as have acquisitions made by United Rentals (URI) - Get United Rentals Inc. Report that can now be put to work in Houston.

So keep an eye out for the next big deal, Cramer said, because there are likely a lot more coming.

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TheStreet Recommends

Over on Real Money, Cramer says that if the acquirers' stocks move up, then there will be a ton of acquisitions soon. Get Cramer's insights with a free trial subscription to Real Money.

Executive Decision: Hain Celestial

For an "Executive Decision" segment, Cramer again sat down with Irwin Simon, chairman, president and CEO of Hain Celestial (HAIN) - Get The Hain Celestial Group Inc. Report , the packaged food maker with shares that are up 6.7% in the increasingly competitive grocery sector.

Simon explained that he's overcome a lot of challenges in his 24 years at Hain, and in the end, what matters most is having great brands and great people in a category of the market that is red-hot. There will always be obstacles, he said, but he's a fighter.

When asked about the elephant in the room, the combination of Amazon (AMZN) - Get Inc. Report and Whole Foods, Simon noted that over 30% of all organic foods are bought online and that's where the growth is coming from. Amazon and Whole Foods are already a big part of their business, he said, and that will only accelerate with this merger.

Simon also said that while he's always focused on growth and his balance sheet, this year Hain will also focus on consumers, spending $50 million to help further connect millennials to their stable of great brands.

Finally, when asked about activist investors, Simon recalled that Carl Icahn took a stake in Hain back in 2012 and they're still great friends today. As long as activists aren't distracting from the mission, Simon welcomes all shareholders.

Cramer and the AAP team say they're in a LUV affair with Southwest Airlines (LUV) - Get Southwest Airlines Company Report and are in the mood for buying. Find out what they're telling their investment club member and get in on the conversation with a free trial subscription to Action Alerts PLUS.

Executive Decision: Workday

In his second "Executive Decision" segment, Cramer also checked back in with Aneel Bhusri, co-founder and CEO of Workday (WDAY) - Get Workday Inc. Report , a stock that's up 62% so far this year.

Bhusri said that as of this quarter, 30% of the Fortune 500 are now using Workday as their core HR solution. He said every opportunity is competitive, but Workday is winning.

Innovation and a commitment to their customers is helping Workday around the globe, Bhusri added, saying that they have an excellent sales team in Europe and elsewhere in the world. Workday is the clear leader in their space, he said, but there are still lots of opportunities ahead.

When asked about competitors like Automatic Data (ADP) - Get Automatic Data Processing Inc. Report , Bhusri explained that ADP is both a partner and a competitor. He said ADP is a 50-year-old company that is transitioning to the cloud, while Workday as born in the cloud.

Lightning Round

In the Lightning Round, Cramer was bullish on AT&T (T) - Get AT&T Inc. Report .

Cramer was bearish on Iconix Brands (ICON) - Get Iconix Brand Group Inc. Report , Domino's Pizza (DPZ) - Get Domino's Pizza Inc Report , Kinder Morgan (KMI) - Get Kinder Morgan Inc. Report , Snap (SNAP) - Get Snap Inc. Class A Report , GW Pharmaceuticals (GWPH) - Get GW Pharmaceuticals Plc Report and Allergan (AGN) - Get Allergan plc Report .

Executive Decision: Centene 

For his final "Executive Decision" segment, Cramer spoke with Michael Neidorff, chairman, president and CEO of Centene (CNC) - Get Centene Corporation Report , the managed care provider with shares that have been on fire since the election, and up 50% for 2017.

Neidorff said the key to Centene's success has been providing excellent care in a decentralized model, where they can do what's needed in each and every state. He said when it comes to Obamacare, he likes when Centene is the only provider in the exchange and he likes it when they're able to compete. Either way, Centene can win.

Neidorff even had a simple fix for Obamacare, suggesting that the program broaden the pool of applicants by offering simple plans with subsidies. You can't be all things to all people, he said, which is what many in Congress keep trying to do. "Keep it simple," he concluded.

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At the time of publication, Cramer's Action Alerts PLUS had a position in LUV, AAPL, AGN.